Stocks
Transactions on DSE drops to below Tk 2,800 crore
The main stock market of the country, Dhaka Stock Exchange (DSE), ended the last week with the price index falling. At the same time, the transaction in the exchange decreased by more than 2 thousand 800 crore takas. This information is known from DSE sources.
According to sources, shares and units worth Tk 7,306 crore 17 lakh 67 thousand were traded in DSE last week. 10 thousand 110 crores 90 lakhs 8 thousand takas were traded in the previous week. That is, in the space of a week, the transactions of 2 thousand 804 crores 21 lakh 41 thousand takas or 27.74pc have decreased in DSE.
The main price index of Dhaka Stock Exchange ‘DSEX’ has decreased by 51.11 points during the week. Currently, the index stands at 6,512 points.
The index of selected companies ‘DSE 30’ is down 35.27 points or 1.49pc in a week at 2,330 points. And the Shariah index ‘DSES’ decreased by 17 points or 1.18pc.
Shares of 396 companies and units of mutual funds were traded on DSE last week. Among them, the price has increased in 61 and decreased in 173. And the price of 152 was unchanged.
Market capitalization also has a negative impact due to a fall in overall market prices. During the week, the market capitalization of DSE decreased by 2 thousand 829 crores 94 lakh 38 thousand 42 takas or 54pc.
At the beginning of the week, the market capitalization on DSE was Tk 522,743 crore 99 lakh 23 thousand. And at the end of the week, the market capitalization of DSE stood at 5 lakh 19 thousand 914 crores 4 lakh 85 thousand takas.
One of the listed companies Hakkani Pulp & Paper Mills Limited from the Dhaka Stock Exchange (DSE), Hosne Ara Begum, a sponsor director has expressed the intention to sell 50,000 shares from her holdings in the company at the prevailing market price in the Chittagong Stock Exchange (CSE).
All the shares will be sold on the block market within the next 30 working days.
As of Persent, Hosne Ara Begum is holding 10,91,666 shares of the company.
The company was listed on the stock exchange in 2001, and its main goals are to manufacture various types of pulp, paper, and tissue products.
The board of the company recommended a 1% cash dividend for its general shareholders other than sponsors or directors, for fiscal 2021-22.
As of 28 February 2023, sponsors and directors held 44.69 percent of the company’s shares, institutional investors 2.87 percent, and general investors 52.44 percent.
The last trading share price of the company at the Dhaka stock exchange was Tk 53.20 till 1:56 pm Tuesday (28 March).
Dhaka Stock Exchange DSE, Bourses on the second working day of the week, March 28, ended with price index & turnover drops.
This information is known from DSE sources.
272 crores 5 lakh shares were traded in DSE on this day. 45 crores 54 lakhs less trading was done in DSE today compared to the previous workday, 27 March, Shares worth Tk 317 crores 60 lakh shares were traded in DSE last time, Monday.
The benchmark index DSEX dropped 11.83 points or 6,193. The Shariah-based index DSES shed 4.06 points or 1,345, and the blue-chip index DS30 lost 4.70 points or 2,205.
Of the issues traded, 28 advanced, 56 declined, and 201 remained unchanged.
Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 6.0 paisa or 9.71 percent. On this day, the share was last traded at Tk 67.80 paisa.
On the other hand, Jute Spinners Ltd ranked top loser on the DSE, the share price dropped by Tk 17.7 paisa or 6.76 percent. On this day, the share was last traded at Tk 246.30 paisa.
DSE topped on trade eastern Housing Limtied 20 crores 42 lakh 72 thousand takas of shares of the company have been traded.
A total of 52 companies’ shares were traded in the Block on Dhaka Stock Exchange, 52 lakh 48 thousand 57 shares of the companies were traded. The financial value of which is 30 crore 71 lakh taka.
One of the Listed Companies, Pioneer Insurance Company Limited has recommended 25 percent cash & 5 percent stock Dividend to its investors for the Financial Year ending December 31, 2022.
This source is known from DSE.
The Company has reported EPS (after tax) of Tk 6.09 paisa, NAV per share of Tk 46.88 for the year ended December 31, 2022, as against EPS of Tk 6.93 paisa (restated).
The Annual General Meeting (AGM) of the company will be held on May 31 through the digital platform. The record date for this has been fixed at April 27.
/NR
